access icon free Risk/investment-driven transmission expansion planning with multiple scenarios

© The Institution of Engineering and Technology
Received 14/02/2011, Accepted 18/10/2012, Revised 18/09/2012, Published

This study presents a new methodology based on risk/investment to solve transmission network expansion planning (TNEP) problem with multiple future scenarios. Three mathematical models related to TNEP problems considering multiple future generation and load scenarios are also presented. These models will provide planners with a meaningful risk assessment that enable them to determine the necessary funding for transmission lines at a permissible risk level. The results using test and real systems show that the proposed method presents better solutions compared with scenario analysis method.

Inspec keywords: power transmission planning; power transmission lines; risk management; investment

Other keywords: mathematical models; transmission network expansion planning; real systems; load scenarios; TNEP problem; transmission lines; risk/investment-driven transmission expansion planning; multiple future generation; risk assessment; multiple scenarios

Subjects: Administration and management; Power transmission, distribution and supply; Power transmission lines and cables; Power system planning and layout

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